BYD's auto sales growth slows

BYD Auto sold 344,196 vehicles in July, a slight year-on-year increase but a month-on-month decrease of approximately 10%, indicating a slowdown in its growth momentum. Despite this, BYD's sales still outperformed the overall auto market, which saw a 12% month-on-month decline in retail sales. However, BYD's performance in its premium brands was less than satisfactory, with sales of models such as the Denza, Z9, and N9 falling short of expectations.